The economic system in which individuals and families own all of the scarce resources used in production, decide how and what to produce, and how many products to produce, is best described as a price system. true / false.

True

Explanation:

Price system in economics, is component of the economic system which uses the prices that are expressed in any form of the money for valuation and the distribution of the goods and the services and factors of the production. All modern societies use the price systems to allocate the resources except for the possible remote and the primitive communities.

Price system can be either the fixed price system in which the prices are administered by the government organization, or it may be the free price system where the prices are determined by the supply and the demand uninhibited by the regulations.

the invasive species was introduced due to commercial purpouses, as there was a demand for fur clothes and hence, a business opportunity connected to this product. actually, it was when the nutrias scaped, causing harm to the us ecosystems when they acquired the status of invasive species. in this case they have caused an environmental problem, but it could have affected also economic interests or even human health.

the arab empire adopted the muslim religion as their main belief. arabs would influence the people from the territories they invaded towards islam (the muslim belief).

nevertheless, throughout the history of the arab empire, rulers brought intellectual individuals from other religions to their centers of learning. these other foreigners included jews, christians, greeks, persians, and indians.   these resulted in the adoption of important knowledge developed by these cultures by the arabic empire. for example, the works of aristotle were translated from greek to arab and indian scientists brought the numerical concept of "zero" to the arabs.

nowadays, 93% of the arab population is muslim, which at the same time is subdivided in sects including the sunni, zaini, alawi, shia. the remaining 7% is composed mainly of christians.